Qatargas to supply its Japanese customers with an additional 20 million tonnes of LNG over several years

Doha, 12 September 2012

Qatargas announced today that it is helping its Japanese customers by supplying over 20 million tonnes of LNG in the short term to help with the aftermath of the Great East Japan Earthquake. Qatargas has increased its support for Japan by 11 million tonnes from the original 9 million tonnes of short-term supplies announced last autumn. These volumes are in addition to the several new long-term LNG supply agreements reached between Qatargas and its Japanese customers over the last 12 months. This is a substantial commitment to the energy security of Japan and is evidence of the strong relationship Qatargas enjoys with its Japanese stakeholders.

Announcing this, Khalid Bin Khalifa Al-Thani, Chief Executive Officer, Qatargas, said:

"Being the world's largest LNG producer, we are demonstrating one of our fundamental marketing principles that Qatargas sells LNG to where it is needed the most. As of now, Qatargas has delivered LNG to 21 countries, with planned sales to several more in future. As we aspire to be the World's Premier LNG Company, we seek to maintain the highest standards of safety, reliability and integrity whilst offering our customers the required flexibility to meet their operational requirements."

Qatargas has ongoing long-term commitments to deliver approximately 13 million tonnes per annum to our term buyers in Japan and China. Qatargas will continue to support the Asia-Pacific LNG market place and we anticipate the conclusion of more SPAs in the future.

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About Qatargas
Established in 1984, Qatargas pioneered the LNG industry in Qatar. Today Qatargas is the largest LNG producer in the world with a production capacity of 42 million tonnes per annum of LNG, delivering LNG to its customers in all four corners of the world from its first class facilities in Qatar.

Qatargas has seven LNG trains, of which four are the largest in the world - known as mega trains - each with a production capacity of 7.8 mta. Since the establishment of Qatargas 1, it has completed a successful expansion programme that has included the development of Qatargas 2; Qatargas 3 and Qatargas 4 projects; the Laffan Refinery, a dedicated fleet of ships, and an LNG Receiving Terminal.

Qatargas operates these trains and the offshore as well as the Laffan Refinery, the Common Sulphur facilities, the Common Lean LNG (CLLNG), the Common LPG (CLPG) and the Common Condensate Storage & Loading (CCSL) projects on behalf of all project owners. The Company also operates a 146,000 barrel per day condensate refinery in Ras Laffan - Laffan Refinery, which was streamed in 2009.

The Qatargas projects are majority owned by Qatar Petroleum and include shareholder participation from: Qatargas 1 - ExxonMobil, Total, Mitsui and Marubeni; Qatargas 2 - ExxonMobil and Total; Qatargas 3 - ConocoPhillips and Mitsui; Qatargas 4 - Shell.

For media enquiries please contact:
Christopher Evans
Tel: +974 4452 3713
ChEvans@qatargas.com.qa

Nizar Ahmed
Tel: +974 5552 3307
NAhmed@qatargas.com.qa